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Discover why the Princeton Review ranked our 1 year Sustainable Entrepreneurship MBA the #4 "Green MBA" in the country.

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Page 1: Semba eBook Nov 2015
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At the University of Vermont’s Sustainable Entrepreneurship MBA (SEMBA)program you will enjoy small, tight-knit classes taught by some of the leading thinkers and practitioners in the �eld. You will learn how to create pro�table, sustainable, business opportunities in a world undergoing transformational change. You will become one of the next generation of business leaders;a disruptor, an innovator, and a visionary intrapreneur or entrepreneur. Someone not content doing things the way they’vealways been done.

SEMBA will teach you how not to do business-as-usual. We believe the deep teaching expertise and access to the globally recognized sustainable brands and business leaders based here will prepare and inspire you. As a SEMBA student, you willbene�t from:

• AN ACCELERATED ONE YEAR PROGRAM: Designed to get you back out there, inventing or reinventing your enterprise as soon as possible.• SUSTAINABLE BUSINESS LEADERS: Learn from and develop relationships with leaders from a master class of sustainable enterprises, from both here in Vermont and around the world through our Executives-in-Residence Program, including Ben & Jerry’s, Burton, FSG (Shared Value Initiative), Grameen Phone, and Seventh Generation.• GLOBAL EXPOSURE AND HANDSON EXPERIENCE: Do meaningful, high-impact work with global partners that have on-the-ground access in emerging markets and the developing world. For example, you can spend your practicum experience working on sustainable innovation initiatives with companies like PepsiCo, Novelis, and Novo Nordisk in Latin America, Asia, or Africa.• AWARD WINNING: In October 2015 the Princeton Review ranked SEMBA as the #4 Green MBA in the country, and the UVM Grossman School of Business was recently ranked in the top 50 most innovative business schools. You’ll receive an AACSB accredited MBA from one of the most highly recognized business schools.• MULTIDISCIPLINARY: We’ve designed a unique curriculum delivered by faculty from our Grossman School of Business along with colleagues from the Department of Community Development and Applied Economics, nationally ranked Rubenstein School of Natural Resources as well as the Gund Institute, and Vermont Law School.

�is guide provides a wealth of information about SEMBA and Burlington, the city we call home. I think you will �nd thisuseful in making your plans, and hope you will consider SEMBA as you embark on what I am convinced will be one of themost exhilarating and transformative experiences of your life.

Sincerely,

Sanjay Sharma, Ph.D.Dean and Professor of Management

A M E S S A G E F R O M T H E D E A N

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�e mission of the University of Vermont’s SEMBA program is to prepare individuals to create pro�table and sustainable business opportunities in a world undergoing transformational change. SEMBA aims to develop the next generation of leaders who will transform, disrupt, innovate, and build sustainable business and enterprises in a world that demands it.

Over the past 25 years, most major business schools in the world have added some kind of initiative, center, or program focused on sustainability, corporate citizenship, or social entrepreneurship. �e problem is that virtually all of these initiatives, centers, or programs tend to hang o� the side of the existing business school edi�ce. Like the proverbial “saddle bag” on a horse, the issues are contained within separate compartments that are readily visible from the outside, but have li�le impact on the behavior of the animal itself. Sustain-ability has joined other business school “saddle bag” issues such as ethics, entrepreneurship, and emerging economies, as a way to recognize, but stop short of fully integrating them into the core DNA of the institu-tions.

It is high time to move beyond saddle bag sustainability in business education. �e social and environmen-tal challenges we face call for nothing less. �at is why the SEMBA curriculum is so unique and important. It seeks to fundamentally reinvent business education and the MBA degree to address the challenges we face in the 21st century—environment, ethics, entrepreneurship, poverty, and inequality. With SEMBA, we have taken o� the saddle bags and designed a new horse. �e curriculum is new and focused 100% on sustainable entrepreneurship.

S E M B A M I S S I O N - B E Y O N D “ S A D D L E B A G S ”

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T H E S E M B A E D G E

SPEED + AFFORDABILITY + INNOVATION = THE SEMBA EDGE

SEMBA combines three key elements to create a unique curriculum and innovative program unlike a traditional MBA education:

1. Speed: By designing the program into one and two credit course blocks combined with the full-time, three-month Practicum Project, we are able to o�er an AACSB accredited MBA degree in only twelve months. �at means your investment is only one year versus the two years typical of most full-time MBA programs.

2. A�ordability: MBA tuition has skyrocketed in recent years to well over $100,000 for most traditional two-year, full-time business programs. Increasingly, this makes business school all but una�ordable for many prospective students, saddling them with high levels of debt for decades to come. Recognizing the importance of a�ordability, SEMBA’s tuition cost is one of the lowest—less than $50,000 for out-of-state students and less than $30,000 for Vermont residents.

3. Innovation: As SEMBA is an accelerated, twelve month program, we o�er opportunities for Post-Graduate consulting projects with the companies o�ering Practicum Projects, and those represented on our Advisory Board. �ese consulting projects start upon graduation in August and run for a period of four months, and built into their design is time allocated to search for full time employment. �is innova-tive model provides paid project work experience, while also allowing time to explore career and employ-ment options. In some cases, consulting projects lead to full time employment o�ers.

Our model of speed + a�ordability + innovation gives you an edge; and by bene�ting both students and business hosts—o�ers a compelling and unique MBA education proposition, and tangible demonstration of what the SEMBA program stands for.

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O F F E R M O R E I N L E S S T I M E

GIVE US 1 YEAR. TOGETHER WE’LL REINVENT THE WAY WE DO BUSINESS

Traditional full-time MBA programs take two years, with the �rst year dedicated largely to “core courses” and the second year dedicated to electives in an area of specialization. So how does SEMBA deliver the critical content of an MBA program, plus a substantial amount of new material focused on sustainability and entrepreneurship… and do it in only 12 months?

1. Focus on the Critical MBA Toolkit: Since we designed SEMBA from a clean sheet, we were able to select the most critical sets of core knowledge, skills, and capabilities that an MBA must know and include them in a redesigned format of one and two credit courses, each taught from the perspective of sustainable entrepreneurship. In addition, some of the “traditional” core content that could be easily learned remotely, is included in a carefully designed on-line module that students take before the actual start of classes. �is allows us to bring everyone up to speed on the basics in areas like accounting, �nance, and economics before you even start.

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G I V E U S O N E Y E A R

2. Reduce or Eliminate Legacy Material: Like anything else, traditional MBA programs that have been in existence for a period of time have come to include material and content that might have served an important purpose at one time, but may no longer be relevant. With SEMBA, we were able to examine closely the curriculum and reduce or eliminate some non-essential “legacy” content. For example, with our focus on innovation and entrepreneurship, we were able to eliminate some content related to administration of on-going enterprises; we also signi�cantly reduced the time spent on areas like factory optimization, queuing theory, statistics, and manufacturing. Finally, the traditional focus on extensive manual calculations and problem sets has been reduced in favor of knowing where to go to get the latest and best quantitative work done.

3. Bring an Integrated Focus on Sustainability: What makes SEMBA truly unique is its integration of the social and environmental challenges that the world faces into each and every course in the curriculum. In addition, we have added substantial new content that typically is not included (certainly not required) in traditional MBA Programs, including a focus on world challenges, natural capital, clean technology, innova-tion through collaboration, leading for transformational change, base of the pyramid business, poverty contexts, and co-creation skills.

We are looking for people like you - people not content to do things the way they’ve always been done, the disrupters, innovators and visionary entrepreneurs; people who think di�erently and know there’s a be�er way to do business, and who are ready to embark on a business education that will prepare them to live di�erently, lead di�erently and pro�t di�erently. Whether transforming an existing business or creating a new venture, SEMBA has been speci�cally designed from the ground-up for people like you that under-stand that these times demand a new approach.

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Classroom-based learning is critical and the SEMBA curriculum is unique in its design and focus. However, real world exposure and experience are also crucial to the development of the personal perspective and skills needed to be an e�ective sustainable business change agent. Accordingly, SEMBA integrates several elements that provide practical, hands-on experience and connections.

MODULES AND COURSES:�e program is structured in 4 modules of 8 weeks each. Each module is made of a series of short, intense courses. �e number of courses per module varies. �e students in each cohort learn and grow together as a cohesive group, taking the same courses at the same time, and forming life long professional and personal relationships.

Every course addresses issues of sustainability. Business cases are shared across courses and these business cases focus on how certain corporations are building a more inclusive, resilient, and sustainable economy. �e curriculum will discuss in depth how the global challenges associated with sustainability, when viewed through a business lens, can help identify managerial strategies and practices to achieve sustainable econom-ic growth while simultaneously driving shareholder value.

PRACTICUM:Experience-based learning is a central component of the SEMBA curriculum. �e summer practicums or externships are designed to bring bene�ts to an organization. Students will work in teams to bring real value to an existing �rm or develop a business plan for a new venture focusing on sustainability. Student teams will be working for �rms recognized for their sustainable brands and practices. Projects will be available locally in Vermont and around the globe with world-class organizations like PepsiCo, Novelis, Novo Nordisk, Intel, Ben & Jerry’s, Keurig Green Mountain, Seventh Generation and Burton.

S E M B A C U R R I C U L U M

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S E M B A P R O G R A M S T R U C T U R E

For additional curriculum information, please visit our website: uvm.edu/semba

MODULE 3 | JAN-MAR Managing and Leading for Sustainable InnovationSustainable Operations and Green Supply ChainsBusiness, Communities, and SustainabilityLaw as a Framework for Entrepreneurial BusinessSustainability Toolkit IFinancing a Sustainable VentureLeadership Seminar

MODULE 4 | MAR-MAY Sustainable Technology CommercializationDriving Innovation from the Base of the PyramidEntrepreneurial Family BusinessRegulatory Issues for the Entrepreneur Sustainable Energy Technology and PolicySystems Tools for SustainabilitySustainability Toolkit IIService Operations & SustainabilityLeadership Seminar

PRACTICUM 2 | MAY-AUGPracticum Pitch, Summer Project and Debrie�ng

2015/2016 CURRICULUMONLINE PREP COURSE | JUL-AUG Accounting Fundamentals for Non-Financial Managers

MODULE 1 | SEPT-OCT World Challenges: Physical and Social RealitiesBusiness Strategy for a Sustainable WorldFinance for InnovatorsSustainable Brand MarketingTeamwork and Collaboration for Sustainable InnovationBusiness EconomicsEntrepreneurial Leadership and MindsetLeadership Seminar MODULE 2 | NOV-DECBusiness Sustainability and Public PolicyCra�ing the Entreprenurial Business ModelMarketing Decision Making Under UncertaintyOrganizing for Sustainable TransformationFinance for InnovatorsCost Models for the Transformational EnterpriseLeadership Seminar

PRACTICUM 1 | JAN Initial Framing; List of Ideas/Opportunities

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SUSTAINABLE ENTREPRENEUR/EXECUTIVES IN RESIDENCE:SEMBA brings leading-edge practitioners—both executive change agents in companies, and start-up entrepreneurs-- to campus to share their personal experience and perspective with the SEMBA students. A�endance is a requirement for all students and the sessions are only open to SEMBA students and faculty. �is provides you with unparalleled networking opportunities through direct and personal contact with leading practitioners. Past Sustainable Entrepreneur/Executives in Residence have included:

• Jostein Soldheim, CEO, Ben & Jerry’s• Laura Asiala, VP Client Relations & Public A�airs, Pyxera Global• Valeria Budinich, Global Leadership Group Member, Ashoka• Erin Meezan, VP of Sustainability, Interface• David Bli�ersdorf, Founder, AllEarth Renewables• Iqbal Quadir, Founder, Grameen Phone• Brian Kelly, CEO, Keurig Green Mountain• Ma� Arnold, Head of Sustainable Finance, JP Morgan Chase• Richard Stammer, CEO, Cabot• Katie Lewis, Founder, dMass• Justin Bakule, Director, Shared Value Initiative, FSG

ADVISORY BOARD AND COUNCIL OF MENTORS:SEMBA features an Advisory Board and Council of Mentors comprised of individuals who work in organi-zations with a long history of commitment to sustainability and have successful careers as executives and entrepreneurs. Members are drawn from many iconic Vermont brands, along with a range of established global companies undergoing transformations to sustainability and new ventures. Students have easy access to the members of the Board and Council, and many are willing to provide guidance and feedback as you develop your post-graduation career strategy.

S E M B A N E T W O R K I N G

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S E M B A A D V I S O R Y B O A R D

Laura AsialaVice President, Client Relations & Public A�airsPYXE� Global

Je� BernickePresident and CEONative Energy

Valeria BudinichGlobal Leadership Group MemberAshoka Innovators for the Public

Carolyn CookeDirector of Sales and MarketingAllEarth Renewables

Cairn Cross*Managing DirectorFresh Tracks Capital

Nick DonowitzChief Operating O�cerTHINKmd

Robert FrelingExecutive DirectorSolar Electric Light Fund

Joe Fusco*Vice PresidentCasella Waste Systems, Inc.

John GardnerVice President and Chief Sustainability O�cerNovelis

Al HammondSenior Entrepreneur, Full Economic CitizenshipAshoka Innovators for the Public

Claudia Harner-JaySenior Program O�cerPATH

Amit KapoorPresident and CEOIndian Council on Competitiveness

Ali KenneyDirector of Global SustainabilityBurton Snowboards

Shad KhanSenior ManagerEY

Jonathon KochManaging DirectorUS Renewables

Andy ManganExecutive DirectorUS Business Council for Sustainable Development

Phil MartensFormer CEONovelis

Erin MeezanVice President of SustainabilityInterface

Rob MichalakGlobal Director of Social MissionBen & Jerry's

Hinda MillerPresidentDeforest Concepts

Monique OxenderChief Sustainability O�cerKeurig Green Mountain

Iqbal QuadirDirector Emeritus, Legatum Center at MITMassachuse�s Institute of Technology

Donald ReedManaging DirectorPwC

Antonio RibeiroSales Operations Director, Latin AmericaPepsico

Dawn Ri�enhouseDirector, Sustainable DevelopmentDuPont

Maureen UsiferChief Financial O�cerSeventh Generation

Martin Wolf Director, Sustainability & AuthenticitySeventh Generation

Ex-O�cio Members

Stuart HartProfessor and SEMBA Co-DirectorUVM Grossman School of Business

David A. JonesAssociate Professor and SEMBA Co-DirectorUVM Grossman School of Business

Sanjay SharmaDean and Professor of ManagementUVM Grossman School of Business

Kianna BromleySEMBA Class of 2015 Alumna

Brodie O’BrienSEMBA Class of 2015 Alumnus

*Co-Chair of the Advisory Board

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W H E R E W I L L S E M B A T A K E M E ?

�e mission of the SEMBA program is to prepare individuals to create pro�table and sustainable business opportunities in a world undergoing transformational change. But what does this look like in practice? What sorts of jobs and opportunities does SEMBA prepare graduates to do?

Traditional MBA Programs focus on training people for “executional” roles in established �rms, typically hiring MBAs into clearly de�ned “implementer” jobs in marketing, investment banking, operations, corporate �nance and consulting. �is is where the “mass market” for jobs is located; with established �rms looking for people with functional MBA skills to help them deliver and continuously improve current businesses.

If merely being an implementer is the goal of your MBA training, then SEMBA is the wrong program for you!

�e SEMBA team works to build an unparalleled global network of partners and collaborators who help us create the entrepre-neurial initiatives and jobs of the future. We endeavor to create change agents rather than implementers. To do this SEMBA focuses on four primary domains for placing our graduates:

1. Intrapreneurs: Growing numbers of existing businesses and corporations have reached maturity or have even begun to decline. Many base businesses are built on yesterday’s unsustainable thinking and technology. Many more fail to reach the majority of humanity in the emerging and growth markets in the developing world. SEMBA builds the business skills to both incubate new, disruptive or leapfrog businesses within existing corporations, and to help lead the process of corporate transfor-mation for those companies seeking to fundamentally transform themselves to meet the challenges of the 21st century.

2. Consultants: More than ever the world of consulting is turning its a�ention to innovation, disruption, and corporate transformation rather than simply the continuous improvement of existing businesses and strategies. Our graduates are well suited to the emerging consulting practices focused on sustainability-driven innovation.

3. Entrepreneurs: We target new ventures and start-ups that focus on tomorrow’s environmentally sustainable technology and socially inclusive business models. Our graduates are perfectly suited to help imagine, cra�, and build such ventures. Some may—and already have—started their own.

4. Investors: Increasingly, the world of �nance is turning its a�ention to “impact,” “social,” and “sustainable” investing. SEMBA develops graduates who are adept in how to invest in, and build, new ventures that generate triple bo�om line returns—socially, environmentally, and �nancially.

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S E M B A F A C U L T Y B I O G R A P H I E S

Professor and SEMBA Co-Director Stuart HartStuart L. Hart is one of the world's top authorities on the implications of environment and poverty for business strategy. He is the Steven Grossman Endowed Chair in Sustainable Business at the University of Vermont Grossman School of Business and Co-Director of the School’s Sustainable Entrepreneurship MBA (SEMBA) Program as well as S.C. Johnson Chair Emeritus in Sustainable Global Enterprise and Professor Emeritus of Management at Cornell University’s Johnson Graduate School of Management, where he founded the Center for Sustainable Global Enterprise. Hart is also Founder and President of Enterprise for a Sustainable World, Founder of the BoP Global Network, and Founding Director of the Emergent Institute in Bangalore, India. Previously, he was the Hans Zulliger Distinguished Professor of Sustainable Enterprise and Professor of Strategic Management at the University of North Carolina’s Kenan-Flagler Business School, where he founded the Center for Sustainable Enterprise and the Base of the Pyramid Learning Laboratory. He was also faculty in corporate strategy at the University of Michigan’s Ross School of Business and was the Founding Director of the Corporate Environ-mental Management Program (CEMP), now the Erb Institute’s Dual Master’s Program. Hart has published more than 70 papers and authored or edited eight books with over 20,000 Google Scholar citations. His article “Beyond Greening: Strategies for a Sustainable World” won the McKinsey Award for Best Article in the Harvard Business Review for 1997 and helped launch the movement for corporate sustainability. With C.K. Prahalad, Hart also wrote the path-breaking 2002 article “�e Fortune at the Bo�om of the Pyramid,” which provided the �rst articulation of how business could pro�tably serve the needs of the four billion poor in the developing world. With Ted London, Hart is also the author of a 2011 book entitled Next Generation Business Strategies for the Base of the Pyramid. His best-selling book, Capitalism at the Crossroads, published in 2005 was selected by Cambridge University as one of the top 50 books on sustainability of all-time; the third edition of the book was published in 2010.

Associate Professor and SEMBA Co-Director David A. JonesDavid A. Jones is Co-Director of the Sustainable Entrepreneurship MBA Program (SEMBA), and was a member of the initial curriculum design team who created this unique and exciting program. He is a passionate teacher who was honored to receive a University-wide teaching award in 2009 (the Kroepsch-Maurice Excellence in Teaching Award). David teaches courses on leadership and strategic corporate social performance, and he regularly conducts full-day leadership workshops, having trained over 750 executives and managers in Vermont alone since moving here in 2004. David is a productive scholar who focuses on explaining why job seekers and employees respond positively to an employer’s community involvement and sustainable business practices. He is active in presenting his research and has authored and presented over 70 papers at scholarly conferences. David has published over 30 peer reviewed articles, book chapters, and conference proceeding papers, including articles that appeared in top-tier academic journals such as the Academy of Management Journal and Journal of Applied Psychology, and two other leading journals where he currently serves on the editorial boards: the Journal of Organizational Behavior and Journal of Management. David has established a reputation as a thought leader in the emerging literature on employee responses to sustainable business practices, and he has received several honors and awards for his work in this area.

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Associate Professor Carolyn M. BonifieldCarolyn M. Boni�eld is an Associate Professor of Marketing at the University of Vermont Grossman School of Business. She holds degrees from the University of Iowa (Ph.D), Michigan State University (MBA), and Ohio University (BA). Dr. Boni�eld teaches courses in Marketing Communications, Consumer Behavior, and Marketing Management. Her research interests include consumer decision making, consumer responses to mobile technology, and collaborative consumption. She has published articles in a number of top business journals including the Journal of the Academy of Marketing Science, Journal of Business Research, and Marketing Le�ers, among others. Prior to pursuing her Ph.D., she was a product manager for Unilever, and launched a small business, which she later sold.

Cairn CrossCairn Cross is the co-founder and managing director of FreshTracks Capital a venture capital �rm focused on Vermont companies and entrepreneurs which has invested in 24 companies during its 12-year history. Cairn has an MBA from Southern New Hampshire University (1987) and a BS from Montana State University (1980) and is a graduate of the American Bankers' Association Stonier Graduate School of Banking (1994). He has spent most of his career �nancing startup and growth companies in Vermont as a banker and then as a venture capitalist. Cairn presently serves as a board member of NativeEnergy, Budnitz Bicycles, Mamava, Vermont Teddy Bear and Faraday. During spring semester, he teaches BSAD 138 in the undergraduate school of business and Financing Innovation in the SEMBA program.

S E M B A F A C U L T Y B I O G R A P H I E S

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Joe FuscoJoe Fusco is a vice president of a Casella Waste Systems, Inc. He is an advisor to the company's chairman and chief executive o�cer on organizational and leadership development, human performance, brand strategy, public a�airs, business and market trends, and corporate communications. He's also a teacher and coach to over 200 mid- and senior-level managers and numerous work teams. He speaks frequently to companies and organizations on leadership development, organizational and problem-solving culture, business and cultural trends, economic development, corporate responsibility and sustainability, and life/work balance. He's been engaged as a speaker by groups and companies such as the U.S. Department of Agriculture, the Project Management Institute, GreenFiber, Vermont Businesses for Social Responsibility, Green Mountain Power, Vermont Golf Course Superintendents Association, and the Vermont Community Development Association. He's a member of, and co-chair of, the Advisory Board for UVM's Sustainable Entrepreneurship MBA. He is currently a trustee of the Vermont Youth Conservation Corps, and serves as a member of the Vermont Climate Change Economy Council. Joe is a past member of the Board of Directors for the Vermont Council on Rural Development, and is the former chair of the Vermont Economic Development Strategy steering commi�ee. He received a B.A. from the University at Albany (SUNY).

Professor Jacobus GeurtsJac. Geurts is a Professor of policy and strategy in the Department of Organization Studies at Tilburg University, the Netherlands. He also teaches at the TIAS/Nimbas Business School, Tilburg University and a several other institutions for executive education. Professor Jac L.A. Geurts specializes in the use of gaming/simulations for strategy and policy. His primary academic focus is on the processes and tools used in strategic decision making. His area of applied work is the development of sustainable business practices and technologies especially in the broad area of sustainability, poverty and business (base of the pyramid, BoP) and of sustainable health care. Dr. Geurts served as director of IVA, the Tilburg Institute for Applied Social Research. He is also a former president of the International Simulation and Gaming Association. Dr. Geurts has consulted on strategic issues to governments, private companies and not-for-pro�t organizations in Europe, USA and Asia. Dr. Geurts received his PhD in Sociology from Radboud University Nijmegen.

Professor Oliver GoodenoughProfessor Goodenough's research and writing at the intersection of law, economics, �nance, media, technology,neuroscience and behavioral biology make him an authority in several emerging areas of law. He is expert in the impactof digital technology on law, with an emphasis on using the internet to create digital business organizations and to improve the support provided by law for innovation and entrepreneurship.

S E M B A F A C U L T Y B I O G R A P H I E S

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Kevin JonesKevin Jones is the Deputy Director at the Institute for Energy and the Environment at Vermont Law School. At the IEE, Kevin leads the Smart Grid and Community Energy projects and is co-author of the book from Praeger, "A Smarter, Greener Grid: Forging Environmental Progress through Smart Energy Policies and Technologies." Seeking solutions to the energy and environmental policy challenges facing the electric power industry has been the focus of his career. He has been at the center of the transformation of the electric power industry in the Northeast as the director of power market policy for the Long Island Power Authority (LIPA) and as the former director of energy policy for the city of New York. LIPA is one of the largest municipal utilities in the country and is a leader in energy conservation and alternative energy technologies. While at LIPA, he collaborated on energy policy with both the Large Public Power Council and the New York Transmission Owners. He has also consulted on energy issues as an associate director with Navigant Consulting and Resource Management International. He received a PhD from Rensselaer Polytechnic Institute's Lally School of Management and Technology, a masters from the LBJ School of Public A�airs, University of Texas at Austin and a BS from the University of Vermont. While at RPI his doctoral research compared the market-based approach to regulating acid rain in the United States to the command and control approach of the European Union.

Professor Mark LathamHis research focus includes the intersection of business and environmental law, as well as issues under the federal Clean Water Act.. Prior to joining the Vermont Law School faculty, he was a partner and chair of the environmental practice group at Gardner, Carton, and Douglas (now Drinker, Biddle and Reath) in Chicago and Washington, D.C. In his 15 years of private practice, he served as defense counsel for businesses, municipalities, and individuals in state, federal, civil, and administrative enforcement actions under the Clean Air Act, Clean Water Act, CERCLA, RC�, and EPC�.

S E M B A F A C U L T Y B I O G R A P H I E S

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Erik MonsenErik Monsen joined the University of Vermont's Grossman School of Business in August 2014 as an Associate Professor and the Steven Grossman Endowed Chair in Entrepreneurship. His career has crossed disciplinary (engineering, management, economics) and geographic (US, Germany, UK) boundaries on his journey from designing be�er aircra� to designing be�er entrepreneurial organizations. Building on personal experiences as an aerospace engineer and business consultant in American and European aerospace organizations, his mission is to aid technology and research organizations, both public and private, to become more entrepreneurial and create new value for society.

Professor Thomas NoordewierDr. Noordewier joined the University of Vermont faculty in the Fall of 1990 a�er a year as an assistant professor at Yale. Prior to Yale he taught at Ohio State University and the University of Wisconsin-Madison. He teaches courses in Marketing Management and Business-to-Business Marketing. His research interests include Distribution Channels, Procurement and Franchising. He has published articles in the Journal of Purchasing and Materials Management, the Journal of Health Care Marketing, the Journal of Marketing, the Journal of Business and Economic Statistics, the Journal of Business Logistics, and the Journal of the Academy of Marketing Science.

Joanne PencakJoanne Pencak is a consultant specializing in executive education, fraud prevention and internal controls. Before teaching, she was as a practicing Certi�ed Public Accountant. Her history includes working for local �rms as well as running her own CPA �rm which merged with a regional �rm. She obtained her MBA with a concentration in Information Security in 2008 from James Madison University. In June of 2009, she a�ended the American Association of Collegiate Schools of Business Bridge Program at Ohio State University. �e AACSB Bridge Program helps senior level executives transition from industry into the classroom. She serves as a member of the advisory board to the Treasurer of the City of Rutland, Vermont, and as the voluntary Chairperson for the Fresh Air Fund. She is also a member of the Sustainable Accounting Standard Board’s Consumption Industry Working Group, which was formed to shape and in�uence sustainable reporting standards for the Meat, Poultry, Dairy & Fishing & Processed food Industries. Prior to teaching at the University of Vermont, Joanne was an Assistant Professor of Business Administration at Castleton State College, where she served as the Coordinator of Graduate Accounting.

S E M B A F A C U L T Y B I O G R A P H I E S

Laura AsialaVice President, Client Relations & Public A�airsPYXE� Global

Je� BernickePresident and CEONative Energy

Valeria BudinichGlobal Leadership Group MemberAshoka Innovators for the Public

Carolyn CookeDirector of Sales and MarketingAllEarth Renewables

Cairn Cross*Managing DirectorFresh Tracks Capital

Nick DonowitzChief Operating O�cerTHINKmd

Robert FrelingExecutive DirectorSolar Electric Light Fund

Joe Fusco*Vice PresidentCasella Waste Systems, Inc.

John GardnerVice President and Chief Sustainability O�cerNovelis

Al HammondSenior Entrepreneur, Full Economic CitizenshipAshoka Innovators for the Public

Claudia Harner-JaySenior Program O�cerPATH

Amit KapoorPresident and CEOIndian Council on Competitiveness

Ali KenneyDirector of Global SustainabilityBurton Snowboards

Shad KhanSenior ManagerEY

Jonathon KochManaging DirectorUS Renewables

Andy ManganExecutive DirectorUS Business Council for Sustainable Development

Phil MartensFormer CEONovelis

Erin MeezanVice President of SustainabilityInterface

Rob MichalakGlobal Director of Social MissionBen & Jerry's

Hinda MillerPresidentDeforest Concepts

Monique OxenderChief Sustainability O�cerKeurig Green Mountain

Iqbal QuadirDirector Emeritus, Legatum Center at MITMassachuse�s Institute of Technology

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Professor Taylor RickettsTaylor Ricke�s is the Gund Professor and Director of the Gund Institute for Ecological Economics at the University of Vermont. Taylor's interests focus on the overarching question: How do we meet the needs of people and nature in an increasingly crowded, changing world? Taylor integrates natural and social sciences to address both fundamental scienti�c issues and real-world conservation problems. His recent work has focused on the economic bene�ts provided to people by forests, wetlands, reefs, and other natural areas. He is co-founder of the Natural Capital Project, a partnership among universities and NGOs to map and value these natural bene�ts. Taylor also served as Convening Lead Author for the Millennium Ecosystem Assessment, a 5-year, UN-sponsored e�ort to assess global ecosystems and their contributions to human wellbeing. �ese and other collaborations are part of a continuing e�ort to link rigorous research with practical conservation and policy e�orts worldwide. Before arriving at the University of Vermont in 2011, Taylor led World Wildlife Fund's Conservation Science Program for nine years, and he remains a Senior Fellow at WWF. He is the author of over 70 scienti�c publications, and �ompson-Reuters has named him one of the world's most cited and in�uential scientists. Taylor's work has also been featured in over 100 stories in more than 20 media outlets. Taylor received his B.A. in Earth Sciences at Dartmouth College and his Ph.D. in Biological Sciences at Stanford University.

Professor Chuck SchnitzleinDr. Schnitzlein is the Steven Grossman Endowed Chair in Finance in the Grossman School of Business at the University of Vermont. He joined the faculty of the University of Vermont in 2014. Previously he held faculty positions at the University of Central Florida where he was doctoral program coordinator, the University of Arizona, and the University of Miami. He has also taught in the executive MBA program at the University of Illinois. He earned his Ph.D. in Finance from Washington University in St. Louis.

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Professor Pramodita SharmaDr. PramoDITA Sharma is the Sanders Professor for Family Business at the Grossman School of Business, University of Vermont. Prior to this appointment in 2011, she was the CIBC Distinguished Professor of Family Business at the John Molson School of Business, Concordia University in Montreal. Dita is a visiting scholar at Babson College where she serves as the Academic Director of the Global Successful Transgenerational Entrepreneurship Practices (STEP) project. Engaging over 200 scholars from 41 leading universities, this global applied research initiative explores the entrepreneurial processes within business families and generates solutions that have immediate application for family leaders. Her research on the succession processes, governance, innovation, next generation issues and the unique dynamics underlying family �rms has been honored with several international awards including the NFIB Best Dissertation award from the Entrepreneurship division of the Academy of Management. She received the prestigious Barbara Hollander award at the 25th anniversary conference of the Family Firm Institute.

Dean Sanjay SharmaDr. Sharma was appointed dean of the Grossman School of Business at the University of Vermont July 1, 2011. He comes to the University of Vermont with a unique background in both the private sector and academia including 16 years of senior management experience with international corporations and more than a decade of proven leadership within higher education. A 2001-2002 Fulbright Scholar, Dr. Sharma has won several research grants and has expertise in corporate environmental strategy, corporate sustainability, competitive strategy, stakeholder engagement and organizational innova-tion. His research has been widely published in top management journals including Academy of Management Review, Academy of Management Journal, Academy of Management Executive, Strategic Management Journal, and Journal of Marketing, among others. He has co-edited and wri�en seven books on corporate environmental management and sustainability.

Dr. Prem TimsinaDr. Prem Timsina is a part-time faculty member at the Sustainable Entrepreneurship MBA Program at the University of Vermont. He comes to the University of Vermont with a broad range of experience in the �eld of non-pro�t management, social-entrepreneurship and sustainable community development. Currently, he is engaged in teaching sustainable develop-ment and leadership and management courses at both University of Vermont and Saint Michael’s College. He has also served two major international community development organizations: Plan International Nepal and Danish International Cooperation as a project executive.

S E M B A F A C U L T Y B I O G R A P H I E S

Associate Professor and SEMBA Co-Director David A. JonesDavid A. Jones is Co-Director of the Sustainable Entrepreneurship MBA Program (SEMBA), and was a member of the initial curriculum design team who created this unique and exciting program. He is a passionate teacher who was honored to receive a University-wide teaching award in 2009 (the Kroepsch-Maurice Excellence in Teaching Award). David teaches courses on leadership and strategic corporate social performance, and he regularly conducts full-day leadership workshops, having trained over 750 executives and managers in Vermont alone since moving here in 2004. David is a productive scholar who focuses on explaining why job seekers and employees respond positively to an employer’s community involvement and sustainable business practices. He is active in presenting his research and has authored and presented over 70 papers at scholarly conferences. David has published over 30 peer reviewed articles, book chapters, and conference proceeding papers, including articles that appeared in top-tier academic journals such as the Academy of Management Journal and Journal of Applied Psychology, and two other leading journals where he currently serves on the editorial boards: the Journal of Organizational Behavior and Journal of Management. David has established a reputation as a thought leader in the emerging literature on employee responses to sustainable business practices, and he has received several honors and awards for his work in this area.

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Associate Professor Richard Vanden BerghDr. Vanden Bergh came to the University of Vermont in the fall of 2000. Prior to the University of Vermont he worked in corporate banking and investment banking specializing in highly leveraged transactions. He graduated from the University of California at Berkeley, where he completed his Ph.D. in Business and Public Policy. He also earned an MBA from Berkeley and a BA from Swarthmore College. Dr. Vanden Bergh's current areas of research include: �rm strategy in the political environment; design of regulatory, political and judicial institutions. Dr. Vanden Bergh's research has been published in the Academy of Management Journal, the Academy of Management Perspectives, the Academy of Management Review, the Journal of Law & Economics, the Journal of Law, Economics, & Organization, the Journal of Economic Behavior & Organization, Public Choice, and the Strategic Management Journal.

Assistant Professor Jie ZhangJie J. Zhang is an Assistant Professor of Operations and Information Systems Management at �e University of Vermont Grossman School of Business. She holds degrees from Boston University (DBA), Brown University (ScM and MA), and Fudan University (BA). Jie's research interest is in the area of sustainable service design where she focuses on performance analysis and incentive design. She is active in presenting her research at scholarly conferences. Her work has been published in the Journal of Service Management and the Cornell Hospitality Quarterly. Jie is a founding member of the Industry Studies Association and a research associate of Cornell Center for Hospitality Research. Prior to joining the University of Vermont, Jie was a computer systems manager for nine years.

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BURLINGTON

TRAVEL BTV flies direct to Atlanta, NYC, Chicago, Washington DC, Philadelphia, Toronto and more.

MUSIC BTV is a small city with a big music scene of local and national acts.

DRINKS Some of the best craft breweries and small batch distilleries anywhere. More breweries per capita than any other state and fourteen distilleries.

RESTAURANTS BTV is at the epicenter of local food movement and boasts some of the best restaurants in the country.

�e University of Vermont is located in Burlington, VT, a small but culturally vibrant and picturesque city that sits on the east side of Lake Champlain with the Green Mountains to the east and the Adirondack Mountains across the lake to the west. Burlington was recently ranked #1 by A&E Television on a list of the 10 cities that “have it all.” In the past, Burlington has received accolades that include being named to the “healthiest US city” list and appearing on Outdoor Magazine’s “best towns” listing. Interested candidates are encouraged to visit the City of Burlington homepage at: h�p://www.ci.burlington.vt.us/and the Lake Champlain Regional Chamber of Commerce homepage at: h�p://www.vermont.org/visiting/index.aspx.

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HOUSING�ere are many housing options in and around Burlington, VT. Besides the newspapers (7daysVT.com and BurlingtonFree Press) and Craigslist, here are some other options about nearby apartment complexes that provide housing for manyUVM graduate students. It will be easy for you to �nd something that �ts your needs and life style. Get excited aboutyour search!

FORT ETHAN ALLEN APARTMENTSEssex, VT 05451 | reslife.uvm.edu

PROS: Serves UVM graduate students, washer and dryer hook-ups, close to campusCONS: Limited bus service, buildings are older

REDSTONE LOFTS165 Davis Rd, Burlington, VT 05401 | redstonelo�s.com

PROS: On Campus; Gym access; Heat, water, wireless internet, cable TV, trash, and furniture includedCONS: Relatively far from downtown (still walking distance), expensive parking

REDSTONE APARTMENTS500 South Prospect St., Burlington, VT 05401 | redstonevt.com

PROS: Close to Campus, Shu�le access to campus, Internet, hot water, heat included, Fully FurnishedCONS: Relatively far from downtown (still walking distance), Additional parking free, Coin-operated laundry (on-site)

OFF-CAMPUS HOUSINGBurlington, VT Area | o�campushousing.uvm.edu

PROS: Ability to select housing based on personal speci�cations, up-to-date listings, variety of living situationsCONS: Individual landlords, unique pros/cons may apply per individual listing

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VERMONT LIFEACTIVE Welcome to one of the world's premiere four-season active lifestyle destinations. From lake to mountain.

BIKING kingdomtrails.org

HIKING everytrail.com/best/hiking-vermont

PADDLING vtpaddlefest.com

SKIING skivermont.com

SWIMMING bbc.com/travel/feature/20110728-the-secret-swimming-holes-of-vermont

WEEKEND TRIPS Discover the world on offer a short drive from Burlington.

ADIRONDACKS hiketheadirondacks.com/pages/Discover_the_Adirondacks_Series

BOSTON discoveramerica.com/usa/states/massachusetts/cities/boston.aspx

MONTREAL tourisme-montreal.org/Discover-montreal

NEW YORK nycgo.com

NORTHEAST KINGDOM travelthekingdom.com

PLUGGED IN Some of the key reads to stay plugged in on what's happening in Vermont.

SUSTAINABLE ORGANIZATIONS

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